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Moonshot reportedly signs computing deal with Alibaba for ~20,000 Nvidia chips

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BABA Alibaba Group Holding Ltd ADR
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  1. 1Bloomberg reported that Chinese AI firm Moonshot has signed a computing contract with Alibaba (BABA) for the use of approximately 20,000 Nvidia chips
  2. 2The chip cluster provided by Alibaba is from the Hopper generation and accounts for a core portion of the computing power for Moonshot's Kimi model, according to the report
  3. 3The report comes amid U.S. export controls on advanced Nvidia chips, which have become a key constraint for Chinese companies seeking to secure computing power

This 3-line summary is compiled from the report below.

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